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Happy Friday Everyone,

Llama 3 is out, try it and let us know what you think. Also, we share a short piece on the dangers and ethical dilemmas of brain implants. And, Use AI to automate data extraction and data entry. Let’s get into it.

But before, we want to serve you better and provide you with the best content you will ever need. Please help us by filling out this form to get to know you better.

• 📰 News and Trends.

• Use AI to Automate Data Extraction and Data Entry.

• Diffuse: Create Unlimited AI Videos.

• Is Meta’s Llama 3 the best LLM today?

• Publications I am currently reading and recommending.

• Brain Implants Ethical Dilemmas.

• 🧰 AI Tools (Developer)

📰 AI News and Trends

• Stability AI lays off roughly 10 percent of its workforce (TheVerge)

• SAG-AFTRA Urges Support for Record Label Deal Allowing ‘Ethical’ Use of AI Voices (Variety)

• Meta is adding real-time AI image generation to WhatsApp (TheVerge)

• Just as we expected: The Real-Time Deepfake Romance Scams Have Arrived (Wired)

• Google’s Deep Mind AI can help engineers predict “catastrophic failure” (FreeThink)

🌐 Other Tech news

• Bitcoin halving event, which happens every ~4 years is today. What can we expect? (FT)

• White House science chief reiterates that Biden wants TikTok divestment, not ban (Semafor)

• Meta’s battle with ChatGPT begins now (TheVerge)

• China Orders Apple to Remove Popular Messaging Apps (WSJ)

• Inside Amazon’s Secret Operation to Gather Intel on Rivals (WSJ)

• LabHost enabled users to set up websites designed to trick victims into revealing personal information – with 70,000 allegedly duped in the UK (TheGuardian)

Use AI to Automate Data Extraction and Data Entry.

Data entry and extraction are boring repeating tasks that we can leave to tech. Here are some steps that may help you automate those processes, but just be very careful and detail-oriented as these systems can still have errors. Here is a tutorial along with links to tools that can help you set up automated data entry systems:

1. Document Preprocessing

Convert unstructured data from documents into a structured, machine-readable format.

Tools:

• ABBYY FineReader: An OCR tool that converts documents to editable formats and extracts data.

• Adobe Acrobat Pro DC: Offers robust OCR capabilities to convert scanned documents into editable PDFs.

2. Data Extraction and Classification

Identify specific data points in documents and classify them into the appropriate fields.

Tools:

• Rossum: Utilizes AI to extract data from invoices and other documents without predefined templates.

• Parseur: Excellent for extracting data from emails and documents using NLP.

3. Data Validation and Verification

Check the accuracy and completeness of extracted data.

Tools:

• DataRobot: Provides a platform for building AI models that can predict and verify data accuracy.

• UiPath: Features tools for validating data entry fields in automated workflows.

4. Automated Data Entry Workflows

Automate the process of entering data into systems.

Tools:

Microsoft Power Automate: Create automated workflows to handle data across various applications.

Automation Anywhere: Automates complex business tasks including data entry.

5. Intelligent Data Capture

Adaptively learn different data formats and handle diverse data sources.

Tools:

• Kofax: Captures information from any document format and automates the data entry process.

• FormX: Automates the data capture process with AI that adapts to various formats.

By following these steps and utilizing the recommended tools, businesses can streamline their data entry processes, increase efficiency, reduce errors, and free up resources for more strategic activities. Each tool provides different features and pricing models, allowing you to choose the best fit for your specific needs and budget constraints.

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You can:

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Is Meta’s Llama 3 the best LLM today?

Meta Llama 3 is here and it alleges to be a more powerful language model that can help with tasks like answering questions, generating text, and coding. It's designed to be more accurate and helpful than previous models, and it's available for anyone to use and build upon. Meta mentioned that it has also prioritized responsibility and safety, including features to prevent misuse and ensure secure deployment, but this is yet to be proven. With Llama 3, developers can create more advanced and helpful AI applications as it is open-sourced, and it has the potential to improve many industries and aspects of our lives.

Top Takeaways:

1. It's available for broad use, with 8B and 70B parameter models released initially.

2. Llama 3 demonstrates improved reasoning, coding, and instruction-following capabilities.

3. Meta Llama 3 will be available on multiple platforms, including cloud providers, model API providers, and more.

Is Meta Llama 3 better than its counterparts?

1. State-of-the-art performance: Llama 3 outperforms other models in its class, including proprietary models.

2. Improved reasoning and coding capabilities: Llama 3 shows significant improvements in complex tasks like reasoning and coding.

3. Instruction-following: Llama 3 is designed to follow instructions more accurately, making it a more helpful tool.

4. Openness: Meta Llama 3 is released under an open-source license, allowing developers to customize and build upon it.

5. Responsibility: Meta has taken a system-level approach to responsibility, including safety features like Llama Guard 2 and Code Shield.

We've been utilizing this tool on our WhatsApp platform, which offers the convenience of a regular chat interface. It generates images more rapidly and accurately compared to other large language models we use frequently. The responses are generally precise and well-organized, facilitating easy comprehension and enabling smooth, ongoing conversations. However, it would be beneficial if there were a way to access the model without needing to log into Facebook.

📰 Publications I am currently reading and recommending:

• Growth Forum - Learn how to build a repeatable sales process creating a pipeline full of qualified deals.

• 1-Minute Question - Based on Neuroscience Science Practices to rewire your brain for success.

• Secrets of Success - Mental Models for Success.

• How Brands Win - Distills the strategies behind great brands. And gives you actionable insights for your business.

Brain Implants Ethical Dilemmas.

The trend towards establishing laws like Colorado's for neural data privacy could set a precedent for global standards, as nations and international bodies recognize the need for stringent regulations in the neurotechnology sector. Companies such as Synchron, Paradromics, and Precision Neuroscience are expanding by developing less invasive brain-computer interfaces (BCIs) for therapeutic use, funded by high-profile investments and clinical trials, but others like Neuralink are more invasive.

However, the rapid growth of neurotechnologies raises significant concerns:

1. Privacy Risks: BCIs could allow unauthorized access to sensitive personal data, potentially enabling the manipulation of thoughts and emotions.

2. Security Threats: Vulnerabilities to hacking or cyberattacks could pose risks to users' physical and mental integrity.

3. Ethical Concerns: Issues of consent and potential for coercion arise, particularly if technologies influence behavior or experiences.

4. Health Risks: Invasive technologies might lead to medical complications.

Addressing these risks requires robust, adaptive regulatory frameworks on a national and international scale, involving collaboration among governments, industry, and the scientific community to protect users while fostering innovation.

🧰 AI Tools

Developer

• Chat Data Prep: data transformation using plain English.

• Codeium: free AI-powered code completion.

• Ghostwriter: AI pair programmer.

• GitHub Copilot: Your right-hand AI programmer.

• Keploy: Open source Tool for converting user traffic to Test Cases and Data Stubs.

• Text Blaze - Automate Anything With AI & Use it Anywhere.*

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